bitcoin Incurring heavy losses!!
The price of the world's most popular e-currency ''bitcoin'' fell Wednesday by $ 2,000, To recover after, Amid fierce speculation during which the currency lost about 19%.
By 20:00 GMT Wednesday evening, the electronic currency fell to $ 9564.87, down from a record $ 11,000.
However, the ''bitcoin'' came back up again, reaching Thursday to the level of 10235.86 dollars. Experts attributed the fall of the electronic currency to the technical problems experienced by some electronic trading platforms in the United States.
The market value of bitcoin at 06:26 GMT on Thursday was about 172 billion dollars.
Since the beginning of the year, the currency has risen from 1000 to the level of 10 - 11 thousand dollars recorded during the past few days, giving investors strong gains.
everything that keeps bitcoin so high, is trust. Because people usually don't trade it, they just keep it as an asset.
Yeah you are right, trust is what making bitcoin in the lead